Why Broadcom Rallied This Week
Shares of (NASDAQ: AVGO) rallied 17.2% this week through Thursday trading, according to data from S&P Global Market Intelligence.
The semiconductor giant, which just closed on a transformative acquisition of software giant VMware at the end of November, reported its fiscal fourth-quarter earnings last week.
Apparently, analysts liked what they heard, and raised their price targets on the stock accordingly.
Source Fool.com
Broadcom Ltd. Stock
€149.10
0.420%
With 68 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 1384 € there is potential for a 828.24% increase which would mean more than doubling the current price of 149.1 € for Broadcom Ltd..
